Banks, fintechs across Europe, UK, UAE and Singapore ramp up biometric onboarding
Financial institutions across the world are introducing selfie biometrics for onboarding customers remotely, including with a new contract for Sumsub…
KYC
Biometric Update regularly publishes posts regarding the term "KYC." The following set of links is available to assist you with finding biometrics news about "KYC" and other relevant terms. More tags may be explored by reviewing our complete Biometrics Topics list.
Jumio ID verification on Airbnb goes global as Regula, Yoti, Veriff unveil integrations
Identity verification for Airbnb users is being expanded to all rental customers and hosts with technology from Jumio to further…
Deadline looms to link India’s digital identity and tax accounts
Just days ahead of the June 30th deadline for individuals and businesses to link their PAN with Aadhaar digital identities,…
Identity verification providers team up for compliant sector-specific onboarding
Selfie biometrics providers Yoti, Digidentity, Au10tix and Sumsub are teaming up with businesses providing background checks, gaming and gambling, and…
VC, Alphabet fund development of AML products
Internal and external investment in digital identity-based, crime-curbing AI continues. Venture fund Notion Capital has put $11 million into fintech…
Socure adds document verification engine from Berbix in $70M acquisition
Socure has acquired San Francisco-based document verification software maker Berbix for $70 million in cash and stocks to integrate its…
Trulioo claims huge increase in KYB adoption as US tightens ID verification requirements
KYC firm Trulioo claims to have seen a 586 percent increase in Know Your Business (KYB) adoption, ahead of the…
Sumsub launches deepfake detection tool, announces pivot to ‘full-cycle verification’
London-based identity verification firm Sumsub has incorporated enhanced deepfake detection technology into its existing biometric liveness detection solution. Sumsub’s liveness…
Biometric technologies reshaping identity verification
Information security spending reached $76.9 billion USD in 2015 globally and it is expected to reach $170 billion by the…
Plaid doubles down on identity verification as businesses seek compliance improvements
Global payments processor Plaid will now allow users to verify their identity across any service powered by Plaid. This means,…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection